Sterling Group says late repayment deal triggers reassessment of credit losses, delaying FY2026 results

• Sterling Group issued a clarification on the delay in publishing audited annual results for the year ended March 31, 2026.
• Delay followed a HK$30 million repayment set-off agreement signed after market close on June 29, 2026, one day before the planned release.
• Auditor Rongcheng required a reassessment of expected credit loss allowances tied to significant receivables from JPO and Santai.
• Audit work expanded to cover the repayment agreement, updated ECL assessment, a 12-month working capital forecast, management recovery plans.
• Trading in the shares remains suspended from 9:00 a.m. on July 2, 2026 pending publication of the audited results.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sterling Group Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260722-12252825), on July 22, 2026, and is solely responsible for the information contained therein.